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14-04-2025
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Global Markets Rally on Trump's Tariff Exemptions, Uncertainty Remains

Date: 14-04-2025
Sources: cnbc.com: 3 | nytimes.com: 1
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Image Prompt:

"Global stock market rising, with city skylines and stock tickers displaying green, amidst a backdrop of smartphones, computers, and other tech products, conveying a mix of optimism and caution."

Summary

Global Markets Rally on Trump's Tariff U-Turn, But Uncertainty Lingers

Global stock markets experienced a significant boost on Monday as U.S. President Donald Trump temporarily exempted certain consumer electronics, including smartphones and computers, from new tariffs on China, easing concerns about the impact of trade tensions on the economy. This move led to a surge in risk sentiment, with Asia-Pacific markets leading the gains, followed by European and U.S. markets. Despite the initial relief, uncertainty remains as Trump's tariff exemptions are seen as temporary, and the market is bracing for further twists and turns in the trade policy.

Key Points:

  • Trump's tariff exemptions on certain tech products led to a rally in global markets, with Asia-Pacific markets gaining the most.
  • The exemptions were seen as a positive for Big Tech companies, with tech giants such as Hon Hai Precision Industry and LG Innotek rising on the news.
  • The market remains uncertain about the next steps in the tariff policy, with Trump's statements suggesting that the exemptions are temporary and new tariffs on semiconductors and other technologies are possible.
  • The first-quarter earnings season is about to kick off, with major companies like Goldman Sachs, Netflix, and United Airlines set to report.
  • Despite the recent gains, major averages are still down since the tariff announcement earlier this month, with the S&P 500, Nasdaq Composite, and Dow Jones Industrial Average all experiencing significant losses.

Articles in this Cluster

Asia markets live: Stocks climbStock Chart IconStock Chart IconStock Chart IconStock Chart Icon

14-04-2025

Asia-Pacific markets rose on Monday as U.S. President Donald Trump temporarily paused tariffs on certain consumer electronics, boosting risk sentiment. Hong Kong's Hang Seng Index led gains, rising 2.12%, while Japan's Nikkei 225 climbed 1.50% and Australia's S&P/ASX 200 gained 1.34%. China's CSI 300 was up 0.23%. The move came after Trump exempted smartphones, computers, and other devices from new "reciprocal" tariffs, although he indicated the exemptions were not permanent. Several countries in the region are preparing for trade negotiations with the U.S. this week. Elsewhere, gold prices edged down amid uncertainty over the tariff rollout, while the Singapore dollar strengthened after its central bank eased monetary policy.

European stock markets open to close: Tariffs, earnings in focusStock Chart Icon

14-04-2025

European stock markets are expected to rise on Monday as investors react to the U.S. exempting certain tech items, such as smartphones and computers, from tariffs. The move comes amid a volatile period for global equities due to U.S. President Donald Trump's tariff policy. The pan-European Stoxx 600 index has fallen 8.83% in April, while the S&P 500 has lost 4.43%. Investors are also bracing for the start of first-quarter earnings season, with companies like LVMH and Goldman Sachs reporting. Meanwhile, Asia-Pacific markets gained on Monday, with tech giants such as Hon Hai Precision Industry and LG Innotek rising on the news of the tariff exemptions.

Stock market today: Live updates

14-04-2025

Stock futures rose early Monday as Wall Street assessed President Donald Trump's latest tariff moves, which exempted smartphones, computers, and semiconductors from "reciprocal" tariffs. The S&P 500 futures gained 0.86%, while Nasdaq-100 futures moved 1.31% higher. The exemptions were seen as a positive for Big Tech, but uncertainty remains around the next steps in the tariff policy, according to analysts. The market is set to report earnings from major banks and companies, including Goldman Sachs, Netflix, and United Airlines. Despite a positive week, with the S&P 500 gaining 5.70%, the major averages are still down since the tariff announcement earlier this month, with the S&P 500 dropping 5.4%, the Nasdaq Composite falling about 5%, and the Dow Jones Industrial Average down 4.8%.

Stocks Notch Gains After More Tariff Whiplash - The New York Times

14-04-2025

Global stocks rose on Monday after a weekend of mixed signals from President Trump on tariffs. Asian markets led the gains, with Japan's stocks rising 1.5%, Hong Kong's benchmarks up 2.5%, and Taiwan's stocks jumping 1.5%. S&P 500 futures were 0.80% higher. The rally followed a chaotic week on Wall Street, with Trump's announcement to pause "reciprocal" tariffs on dozens of countries and exempt certain tech products from tariffs on China. However, Trump later signaled that the exemption would be temporary and new tariffs on semiconductors and other technologies were possible. The market has been volatile due to Trump's tariff policies, causing concerns about the economy and trade costs.